Published On : April 2018 Pages : 100 Category: Advanced Materials Report Code : CM04711
The global advanced driver assistance system market was estimated approximately USD 20.67 billion in 2017 and is expected to reach USD 50.39 billion by 2023, registering a compound annual growth rate of 10.41%. Advanced driver assistance system is designed to increase the safety 006Ff the car and to maintain the safety of the road. The rising adoption of this system in compact cars is the key factor driving the market. Moreover, the regulations put forward by the government for compulsory installation of this system in each and every vehicle has augmented the growth of the market. The increasing demand for advanced systems such as night vision, drowsiness monitoring, road sign recognition systems, autonomous emergency braking system in order to reduce road accidents has anticipated the growth of the market over the forecast period. The major restraining factor for market growth is high cost for installation of the ADAS system and lack of awareness among various consumers.
Solution Outlook and Trend Analysis:
On the basis of solution the global advanced driver assistance system market is categorized into adaptive front lights, blind spot detection, lane departure monitoring system, adaptive cruise control, autonomous emergency breaking, tire pressure monitoring system, and others. Among the above segments the tire pressure monitoring system has acquired the largest share of the market and will continue to grow at a CAGR of XX%. On the other hand the adaptive cruise control system will grow at a high pace in the near future because of the regulations put forward by the government for installation of system to reduce road accidents.
Components Outlook and Trend Analysis:
On the basis of components the global advanced driver assistance system market is segregated into sensors, processor, software and others. The working of the ADAS mainly depends on the sensors making it the most important parameters in the system and thus it is also subdivided into LIDAR, ultrasonic sensors, RADAR, camera and other sensors. The demand for ADAS sensors will grow lucratively at a CAGR of XX% over the forecasted period. On the other hand the ADAS processor market will also grow significantly over nine years.
Vehicles Outlook and Trend Analysis:
On the basis of vehicles the global advanced driver assistance system market is divided into commercial vehicles and passenger vehicles. The ADAS system is most widely used in the luxury vehicles and not in commercial vehicles as the cost of the systems is very high. Thus the passenger vehicles have accounted the largest share from the overall market. As the commercial vehicles are further divided into light commercial vehicles and heavy commercial vehicles, among them the light commercial vehicles have acquired the largest share in the market.
Regional Outlook and Trend Analysis:
North-American region has dominated the entire market and will continue to grow at a significant compound annual growth rate. The growth of this region is mainly due to the advancement in technology, presence of chief players, and aggrandized economic condition. The market in the Asia-Pacific region will emerge in the forecasted period due to regulation but forward by the government to reduce road accidents in countries like China, India and Japan. However the European region will observe slight fall in the market due to saturation in existing ADAS functionalities.
Competitive Insights:
The leading competitors in the global advanced driver assistance system market are Delphi Automotive PLC Continental AG, Robert Bosch GmbH, Valeo, Hyundai Mobis, Texas Instruments, Autoliv Inc., Panasonic Corporation and Denso Corporation. Invention of new technologies and the mergers with various companies will the key factor for the growth of the market.
The Advanced Driver Assistance System is categorized based on:
By Solution:
By Components:
By Vehicle Type:
By Regions:
Some of the key questions answered by the report are:
Market Classification
· Advanced Driver Assistance System Market, By Solution, Estimates and Forecast, 2014-2023 ($Million)
o Adaptive front lights
o Blind spot detection
o Lane departure monitoring system
o Adaptive cruise control
o Autonomous emergency breaking
o Tire pressure monitoring system
o Others
· Advanced Driver Assistance System Market, By Components, Estimates and Forecast, 2014-2023 ($Million)
o Sensors
o Processor
o Software
o Others
· Advanced Driver Assistance System Market, By Vehicle Type, Estimates and Forecast, 2014-2023 ($Million)
o Commercial vehicles
o Passenger vehicles
· Advanced Driver Assistance System Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
o North America
§ North America Advanced Driver Assistance System Market, By Country
o U.S. Advanced Driver Assistance System Market
o Canada Advanced Driver Assistance System Market
o Mexico Advanced Driver Assistance System Market
o Europe
§ Europe Advanced Driver Assistance System Market, By Country
o Germany Advanced Driver Assistance System Market
o UK Advanced Driver Assistance System Market
o France Advanced Driver Assistance System Market
o Russia Advanced Driver Assistance System Market
o Italy Advanced Driver Assistance System Market
o Rest of Europe Advanced Driver Assistance System Market
o Asia-Pacific
§ Asia-Pacific Advanced Driver Assistance System Market, By Country
o China Advanced Driver Assistance System Market
o Japan Advanced Driver Assistance System Market
o South Korea Advanced Driver Assistance System Market
o India Advanced Driver Assistance System Market
o Southeast Asia Advanced Driver Assistance System Market
o Rest of Asia-Pacific Advanced Driver Assistance System Market
o South America
§ South America Advanced Driver Assistance System Market
o Brazil Advanced Driver Assistance System Market
o Argentina Advanced Driver Assistance System Market
o Columbia Advanced Driver Assistance System Market
o South Africa Advanced Driver Assistance System Market
o Rest of South America Advanced Driver Assistance System Market
o Middle East and Africa
§ Middle East and Africa Advanced Driver Assistance System Market
o Saudi Arabia Advanced Driver Assistance System Market
o UAE Advanced Driver Assistance System Market
o Egypt Advanced Driver Assistance System Market
o Nigeria Advanced Driver Assistance System Market
o South Africa Advanced Driver Assistance System Market
o Rest of MEA Advanced Driver Assistance System Market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Government regulations for installation of ADAS
3.2.1.2. Implementation of ADAS in low cost cars as well
3.2.2. Restraints
3.2.2.1. High Cost for installation
3.2.2.2. Complexity in the design procedure
3.2.3. Opportunities
3.2.3.1. Developing trends for autonomous cars
3.2.4. Challenges
3.2.4.1. Threats regarding the security
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. Advanced Driver Assistance System Market, By Solution
5.1. Introduction
5.2. Global Advanced Driver Assistance System Sales, Revenue and Market Share by Solution(2017-2027)
5.2.1. Global Advanced Driver Assistance System Sales and Sales Share by Solution(2017-2027)
5.2.2. Global Advanced Driver Assistance System Revenue and Revenue Share by Solution(2017-2027)
5.3. Adaptive front lights
5.3.1. Global Adaptive front lights Sales and Growth Rate (2017-2027)
5.4. Blind spot detection
5.4.1. Global Blind spot detection Sales and Growth Rate (2017-2027)
5.5. Lane departure monitoring system
5.5.1. Global Lane departure monitoring system Sales and Growth Rate (2017-2027)
5.6. Adaptive cruise control
5.6.1. Global Adaptive cruise control Users Sales and Growth Rate (2017-2027)
5.7. Autonomous emergency breaking
5.7.1. Global Autonomous emergency breaking Users Sales and Growth Rate (2017-2027)
5.8. Tire pressure monitoring system
5.8.1. Global tire pressure monitoring system Users Sales and Growth Rate (2017-2027)
5.9. Others
5.9.1. Global Others Users Sales and Growth Rate (2017-2027)
6. Advanced Driver Assistance System Market, By Components
6.1. Introduction
6.2. Global Advanced Driver Assistance System Sales, Revenue and Market Share by Components(2017-2027)
6.2.1. Global Advanced Driver Assistance System Sales and Sales Share by Components(2017-2027)
6.2.2. Global Advanced Driver Assistance System Revenue and Revenue Share by Components(2017-2027)
6.3. Sensors
6.3.1. Global Sensors Sales and Growth Rate (2017-2027)
6.4. Processor
6.4.1. Global Processor Sales and Growth Rate (2017-2027)
6.5. Software
6.5.1. Global Software Sales and Growth Rate (2017-2027)
6.6. Others
6.6.1. Global Others Sales and Growth Rate (2017-2027)
7. Advanced Driver Assistance System Market, By Vehicle Type
7.1. Introduction
7.2. Global Advanced Driver Assistance System Sales, Revenue and Market Share by Vehicle Type(2017-2027)
7.2.1. Global Advanced Driver Assistance System Sales and Sales Share by Vehicle Type(2017-2027)
7.2.2. Global Advanced Driver Assistance System Revenue and Revenue Share by Vehicle Type(2017-2027)
7.3. Commercial vehicles
7.3.1. Global Commercial vehicles Sales and Growth Rate (2017-2027)
7.4. Passenger vehicles
7.4.1. Global Passenger vehicles Sales and Growth Rate (2017-2027)
8. Advanced Driver Assistance System Market, By Region
8.1. Introduction
8.2. Global Advanced Driver Assistance System Sales, Revenue and Market Share by Regions
8.2.1. Global Advanced Driver Assistance System Sales by Regions (2017-2027)
8.2.2. Global Advanced Driver Assistance System Revenue by Regions (2017-2027)
8.3. North America Advanced Driver Assistance System by Countries
8.3.1. North America Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.3.2. North America Advanced Driver Assistance System Revenue and Growth Rate (2017-2027)
8.3.3. North America Advanced Driver Assistance System Sales by Countries (2017-2027)
8.3.4. North America Advanced Driver Assistance System Revenue (Million USD) by Countries (2017-2027)
8.3.5. U.S.
8.3.5.1. United States Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.3.5.2. United States Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.3.6. Canada
8.3.6.1. Canada Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.3.6.2. Canada Advanced Driver Assistance System Sales (Millions USD) and Growth Rate (2017-2027)
8.3.7. Mexico
8.3.7.1. Mexico Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.3.7.2. Mexico Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.4. Europe Advanced Driver Assistance System by Countries
8.4.1. Europe Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.4.2. Europe Advanced Driver Assistance System Revenue and Growth Rate (2017-2027)
8.4.3. Europe Advanced Driver Assistance System Sales by Countries (2017-2027)
8.4.4. Europe Advanced Driver Assistance System Revenue (Million USD) by Countries (2017-2027)
8.4.5. Germany
8.4.5.1. Germany Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.4.5.2. Germany Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.6. UK
8.4.6.1. UK Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.4.6.2. UK Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.7. France
8.4.7.1. France Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.4.7.2. France Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.8. Russia
8.4.8.1. Russia Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.4.8.2. Russia Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.9. Italy
8.4.9.1. Italy Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.4.9.2. Italy Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.10. Rest of Europe
8.4.10.1. Rest of Europe Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.4.10.2. Rest of Europe Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.5. Asia-Pacific
8.5.1. Asia-Pacific Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.5.2. Asia-Pacific Advanced Driver Assistance System Revenue and Growth Rate (2017-2027)
8.5.3. Asia-Pacific Advanced Driver Assistance System Sales by Countries (2017-2027)
8.5.4. Asia-Pacific Advanced Driver Assistance System Revenue (Million USD) by Countries (2017-2027)
8.5.5. China
8.5.5.1. China Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.5.5.2. China Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.6. Japan
8.5.6.1. Japan Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.5.6.2. Japan Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.7. Korea
8.5.7.1. Korea Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.5.7.2. Korea Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.8. India
8.5.8.1. India Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.5.8.2. India Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.9. Southeast Asia
8.5.9.1. Southeast Asia Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.5.9.2. Southeast Asia Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.10. Rest of Asia-Pacific
8.5.10.1. Rest of Asia-Pacific Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.5.10.2. Rest of Asia-Pacific Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.6. South America
8.6.1. South America Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.6.2. South America Advanced Driver Assistance System Revenue and Growth Rate (2017-2027)
8.6.3. South America Advanced Driver Assistance System Sales by Countries (2017-2027)
8.6.4. South America Advanced Driver Assistance System Revenue (Million USD) by Countries (2017-2027)
8.6.5. Brazil
8.6.5.1. Brazil Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.6.5.2. Brazil Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.6. Argentina
8.6.6.1. Argentina Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.6.6.2. Argentina Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.7. Columbia
8.6.7.1. Columbia Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.6.7.2. Columbia Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.8. Rest of South America
8.6.8.1. Rest of South America Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.6.8.2. Rest of South America Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.7. Middle East and Africa
8.7.1. Middle East and Africa Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.7.2. Middle East and Africa Advanced Driver Assistance System Revenue and Growth Rate (2017-2027)
8.7.3. Middle East and Africa Advanced Driver Assistance System Sales by Countries (2017-2027)
8.7.4. Middle East and Africa Advanced Driver Assistance System Revenue (Million USD) by Countries (2017-2027)
8.7.5. Saudi Arabia
8.7.5.1. Saudi Arabia Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.7.5.2. Saudi Arabia Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.6. United Arab Emirates
8.7.6.1. United Arab Emirates Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.7.6.2. United Arab Emirates Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.7. Egypt
8.7.7.1. Egypt Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.7.7.2. Egypt Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.8. Nigeria
8.7.8.1. Nigeria Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.7.8.2. Nigeria Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.9. South Africa
8.7.9.1. South Africa Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.7.9.2. South Africa Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.10. Rest of Middle East and Africa
8.7.10.1. Rest of Middle East and Africa Advanced Driver Assistance System Sales and Growth Rate (2017-2027)
8.7.10.2. Rest of Middle East and Africa Advanced Driver Assistance System Revenue (Millions USD) and Growth Rate (2017-2027)
9. Company Profiles
9.1. Delphi Automotive PLC Continental AG
9.1.1. Business Overview
9.1.2. Product Portfolio
9.1.3. Strategic Developments
9.1.4. Sales, Revenue and Market Share
9.2. Robert Bosch GmbH
9.2.1. Business Overview
9.2.2. Product Portfolio
9.2.3. Strategic Developments
9.2.4. Sales, Revenue and Market Share
9.3. Hyundai Mobis
9.3.1. Business Overview
9.3.2. Product Portfolio
9.3.3. Strategic Developments
9.3.4. Sales, Revenue and Market Share
9.4. Autoliv Inc.
9.4.1. Business Overview
9.4.2. Product Portfolio
9.4.3. Strategic Developments
9.4.4. Sales, Revenue and Market Share
9.5. Denso Corporation
9.5.1. Business Overview
9.5.2. Product Portfolio
9.5.3. Strategic Developments
9.5.4. Sales, Revenue and Market Share
9.6. Panasonic Corporation
9.6.1. Business Overview
9.6.2. Product Portfolio
9.6.3. Strategic Developments
9.6.4. Sales, Revenue and Market Share
9.7. Texas Instruments
9.7.1. Business Overview
9.7.2. Product Portfolio
9.7.3. Strategic Developments
9.7.4. Sales, Revenue and Market Share
9.8. Valeo
9.8.1. Business Overview
9.8.2. Product Portfolio
9.8.3. Strategic Developments
9.8.4. Sales, Revenue and Market Share
10. Global Advanced Driver Assistance System Market Competition, by Manufacturer
10.1. Global Advanced Driver Assistance System Sales and Market Share by Manufacturer (2017-2017)
10.2. Global Advanced Driver Assistance System Revenue and Market Share by Manufacturer (2017-2017)
10.3. Global Advanced Driver Assistance System Price by Manufacturer (2017-2017)
10.4. Top 5 Advanced Driver Assistance System Manufacturer Market Share
10.5. Market Competition Trend
11. Advanced Driver Assistance System Market Forecast (2027-2023)
11.1. Global Advanced Driver Assistance System Sales, Revenue (Millions USD) and Growth Rate (2027-2023)
11.2. Advanced Driver Assistance System Market Forecast by Regions (2027-2023)
11.2.1. North America Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.1.1. United States Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.1.2. Canada Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.1.3. Mexico Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.2. Europe Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.2.1. Germany Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.2.2. United Kingdom Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.2.3. France Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.2.4. Russia Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.2.5. Italy Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.2.6. Rest of the Europe Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.3. Asia-Pacific Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.3.1. China Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.3.2. Japan Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.3.3. Korea Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.3.4. India Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.3.5. Southeast Asia Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.3.6. Rest of Asia-Pacific Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.4. South America Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.4.1. Brazil Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.4.2. Argentina Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.4.3. Columbia Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.4.4. Rest of South America Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.5. Middle East and Africa Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.5.1. Saudi Arabia Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.5.2. UAE Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.5.3. Egypt Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.5.4. Nigeria Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.5.5. South Africa Advanced Driver Assistance System Market Forecast (2027-2023)
11.2.5.6. Rest of MEA Advanced Driver Assistance System Market Forecast (2027-2023)
11.3. Advanced Driver Assistance System Market Forecast by Solution(2027-2023)
11.3.1. Global Advanced Driver Assistance System Sales Forecast by Solution(2027-2023)
11.3.2. Global Advanced Driver Assistance System Sales Market Share Forecast by Solution(2027-2023)
11.4. Advanced Driver Assistance System Market Forecast by Components(2027-2023)
11.4.1. Global Advanced Driver Assistance System Sales Forecast by Components(2027-2023)
11.4.2. Global Advanced Driver Assistance System Sales Market Share Forecast by Components(2027-2023)
11.5. Advanced Driver Assistance System Market Forecast by Vehicle Type(2027-2023)
11.5.1. Global Advanced Driver Assistance System Sales Forecast by Vehicle Type(2027-2023)
11.5.2. Global Advanced Driver Assistance System Sales Market Share Forecast by Vehicle Type(2027-2023)
*You can glance through the list of Tables and Figures when you view the sample copy of Advanced Driver Assistance System Market.
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Advanced Driver Assistance System Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
Data Collection Matrix |
Supply Side |
Demand Side |
Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
Qualitative Data |
Quantitative Data (2017-2025) |
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